Embassy of Cyprus in Sweden - Left Margin

 

Foreign Trade statistics and Consumer Price Index for July 2008

Foreign Trade:

The Statistical Service of Cyprus announces that it has published the monthly report “Intra-Extra E.U Trade Statistics (Summarised Data)” for May 2008. The main developments in Cyprus foreign trade were: (a) Total imports/arrivals (covering total imports from third countries and arrivals from other Member States) in January-May 2008 amounted to €2.948,0mn as compared to €2.436,8mn in January-May 2007. (b) During May 2008 total imports/arrivals (covering total imports from third countries and arrivals from other Member States) valued at €662,1mn. (c) Total exports/dispatches (covering total exports to third countries and dispatches to other Member States), including stores and provisions, in May 2008 amounted to €112,8mn

Consumer Price Index

The Consumer Price Index for July 2008, decreased by 0,66 units or 0,60% to 109,85 units compared to 110,51 in June 2008. This is mainly due to decreases in the prices of clothing, footwear and furnishings due to summer sale discounts. Increases have been recorded in the prices of petroleum products, electricity, certain fresh vegetables and pork. 2. The rate of increase of the Index and therefore the rate of inflation for July 2008 was 5,6% compared to 5,5% in June 2008 and 2,4% in July 2007. 3. For the period January-July 2008, the CPI recorded an increase of 4,9% compared to the corresponding period of 2007.

 

  

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